Economy

APPROVED building permits continued to decline by record double digits in January, the Philippine Statistics Authority (PSA) reported. The PSA, citing preliminary data, said building projects covered by the permits…

FINANCE Secretary Ralph G. Recto said the budget surplus recorded in January is unlikely to continue in the following months. Asked if the surplus will be sustained in the runup…

THE Board of Investments (BoI) said the green lane-certified P7.5-billion Daanbantayan Solar Power Plant in northern Cebu has commenced with construction. With its 150-megawatt capacity that is expected to supply…

THE Department of Agriculture (DA) said its Cagayan Valley office has developed a zero-energy cooling chamber designed to extend the shelf life of freshly harvested vegetables like tomatoes and eggplant.…

THE Department of Energy (DoE) encouraged the public to participate in the annual observance of Earth Hour and adopt responsible energy and water conservation practices. In a statement on Thursday,…

THE Philippine Health Insurance Corp. (PhilHealth) said it will seek a higher budget allocation next year to help fund a 30% across-the-board increase in benefit packages. “Yes, I think so,”…

PINEAPPLE OUTPUT is expected to grow this year, according to the Department of Agriculture (DA), in response to increasing demand from China and Europe. The Philippines is expected to produce…

THE Philippine Competition Commission (PCC) said courses and certificate programs on competition law that it is offering to lawyers and other professionals will help them deal with complex competition cases.…

By Beatriz Marie D. Cruz, Reporter COMPANIES offering science, technology, engineering, and mathematics (STEM) jobs must provide more opportunities for women to address the gender gap in the field, according…

RICE IMPORTS fell 46% year on year to 641,000 metric tons (MT) in the year to date ending March 13, which industry representatives attributed to trader reluctance to import in…